Highly Desirable Gardena Location: Well-positioned asset located south of Redondo Beach Boulevard. Attractive Unit Mix: Unit composition consisting of (1) 3-bedroom/2-bathroom townhouse unit, (2) 2-bedroom/1-bathroom units, (1) 1-bedroom/1-bathroom unit and (1) studio/1-bathroom unit. Strong In-Place Income & Financials: 5.63% current cap rate and 12.20 GRM with a projected… Read More 6.64% cap rate and 10.82 GRM, offering both stable income and growth. Ample Garage Parking: Total of 5 garage spaces. Strong Retail & Lifestyle Amenities: Ideally situated near Pacific Square Shopping Center and Artesia Boulevard, offering tenants convenient access to a variety of retail, dining, and entertainment options. Stable South Bay Investment: Excellent opportunity to acquire a well-located multifamily asset in the South Bay with strong current returns and long-term appreciation potential. Read Less
Property listed by Shield CRE, Inc., Jonathan Nikfarjam 310-259-7556
Listing Snapshot
Days Online
22
Last Updated
Beds
8
Square Ft.
3,527
Lot Size
0.14 Acres
Year Built
1962
MLS Number
26844525
Additional Details
Appliances & Equipment
Dryer, Washer
Building
Built in 1962, Living area: 3527.0, 2 buildings, 2 stories, Levels: Two
Garage
5 spaces
Income
Gross Income: $130,740, Net Operating Income: $89,741
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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